Get the latest Real Estate Market Update for the 1st Half of 2016, for the Jersey Shore right here!  This data contained below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the sales activity for the 1st half of 2016 for the Jersey Shore, and is listed by town. Overall, the Real Estate Market at the Jersey Shore is STRONG.
Allenhurst, NJ- First Half 2016
The average sales price for a single family home in Allenhurst, NJ for the 1st half of 2016 is $1,262,500 which represents a 14% increase in sales price over the first half of 2015, where the average sales price was $1,090,000.  A total of 2 homes were sold in the first half of 2016 verses 1 sold in 2015.  Days on market increased from 50  to 139 in 2016. Homes are selling on average for 11% less than list price.
Asbury Park, NJ- First Half 2016
The average sales price for a single family home in Asbury Park, NJ for the 1st half of 2016 is $259,700 which represents a 7% increase in sales price over the first half of 2015, where the average sales price was $242,360.  A total of 38 homes were sold in the first half of 2016 verses 28 sold in 2015.  Days on market decreased from 121  to 96 in 2016. Homes are selling on average for 5% less than list price.
Ocean Grove, NJ- First Half 2016
The average sales price for a single family home in Ocean Grove, NJ for the 1st half of 2016 is $533,596 which represents a 9% increase in sales price over the first half of 2015, where the average sales price was $489,436.  A total of 29 homes were sold in the first half of 2016 verses 24 sold in 2015.  Days on market decreased from 117 to 72 in 2016. Homes are selling on average for 6% less than list price.
Bradley Beach, NJ- First Half 2016
The average sales price for a single family home in Bradley Beach, NJ for the 1st half of 2016 is $592,833 which represents a 13% increase in sales price over the first half of 2015, where the average sales price was $526,737.  A total of 27 homes were sold in both the first half of 2016 and 2015.  Days on market decreased from 101 to 74 in 2016. Homes are selling on average for 4% less than list price.
Avon-by-the-Sea, NJ- First Half 2016
The average sales price for a single family home in Avon-by-the-Sea, NJ for the 1st half of 2016 is $1,047,775 which represents a 13% increase in sales price over the first half of 2015, where the average sales price was $927,039.  A total of 10 homes were sold in the first half of 2016 verses 7 sold in 2015.  Days on market increased slightly from 84 to 92 in 2016. Homes are selling on average for 7% less than list price.
Belmar, NJ- First Half 2016
The average sales price for a single family home in Belmar, NJ for the 1st half of 2016 is $809,218 which represents a 63% increase in sales price over the first half of 2015, where the average sales price was $495,454.  A total of 32 homes were sold in the first half of 2016 verses 22 sold in 2015.  Days on market decreased from 103 to 95 in 2016. Homes are selling on average for 5% less than list price.
Lake Como, NJ- First Half 2016
The average sales price for a single family home in Lake Como, NJ for the 1st half of 2016 is $361,846 which represents a 7% decrease in sales price over the first half of 2015, where the average sales price was $388,350.  A total of 13 homes were sold in the first half of 2016 verses 10 sold in 2015.  Days on market decreased from 95 to 66 in 2016. Homes are selling on average for 5% less than list price.
Neptune City, NJ- First Half 2016
The average sales price for a single family home in Neptune City, NJ for the 1st half of 2016 is $259,166 which represents a 16% increase in sales price over the first half of 2015, where the average sales price was $222,541.  A total of 27 homes were sold in the first half of 2016 verses 24 sold in 2015.  Days on market increased from 59 to 75 in 2016. Homes are selling on average for 5% less than list price.
Neptune, NJ- First Half 2016
The average sales price for a single family home in Neptune, NJ for the 1st half of 2016 is $248,380 which represents a 3% increase in sales price over the first half of 2015, where the average sales price was $241,980.  A total of 129 homes were sold in the first half of 2016 verses 92 sold in 2015.  Days on market remained virtually the same from 89 to 83 in 2016. Homes are selling on average for 5% less than list price.
Spring Lake, NJ- First Half 2016
The average sales price for a single family home in Spring Lake, NJ for the 1st half of 2016 is $2,191,737 which represents a 6% increase in sales price over the first half of 2015, where the average sales price was $2,063,589.  A total of 40 homes were sold in the first half of 2016 verses 36 sold in 2015.  Days on market remained relatively the same from 93 to 100 in 2016. Homes are selling on average for 4% less than list price.
Spring Lake Heights, NJ- First Half 2016
The average sales price for a single family home in Spring Lake Heights, NJ for the 1st half of 2016 is $411,007 which represents a 17% decrease in sales price over the first half of 2015, where the average sales price was $493,767.  A total of 14 homes were sold in the first half of 2016 verses 17 sold in 2015.  Days on market remained the same at 93 for both 2015 & 2016. Homes are selling on average for 4% less than list price.
Sea Girt, NJ- First Half 2016
The average sales price for a single family home in Sea Girt, NJ for the 1st half of 2016 is $1,815,944 which represents a 1% decrease in sales price over the first half of 2015, where the average sales price was $1,842,616.  A total of 18 homes were sold in the first half of 2016 verses 19 sold in 2015.  Days on the market increased slightly from 81 to 103 in 2016. Homes are selling on average for 7% less than list price.
Manasquan, NJ- First Half 2016
The average sales price for a single family home in Manasquan, NJ for the 1st half of 2016 is $638,202 which represents a 4% decrease in sales price over the first half of 2015, where the average sales price was $664,881.  A total of 31 homes were sold in the first half of 2016 verses 33 sold in 2015.  There was an increase in Days on market from 85 to 115 in 2016. Homes are selling on average for 4% less than list price.
Brielle, NJ- First Half 2016
The average sales price for a single family home in Brielle, NJ for the 1st half of 2016 is $715,701 which represents a 17% decrease in sales price over the first half of 2015, where the average sales price was $867,117.  A total of 28 homes were sold in the first half of 2016 verses 17 sold in 2015.  Days on market decreased from 154 to 111 in 2016. Homes are selling on average for 7% less than list price.
Point Pleasant Beach, NJ- First Half 2016
The average sales price for a single family home in Point Pleasant Beach, NJ for the 1st half of 2016 is $576,398 which represents a 8% decrease in sales price over the first half of 2015, where the average sales price was $624,583.  A total of 50 homes were sold in the first half of 2016 verses 21 sold in 2015.  Days on market decreased from 125 to 80 in 2016. Homes are selling on average for 5% less than list price.